Is public data helpful to AI and DeFi

[Virtualsnipe13]

I've always wondered how to search for various on-chain activities, as there are projects that need to be known early by investors.

At first, when I saw Chainbase, I thought to myself, how can a platform that helps users run nodes and become operators within the ecosystem unify blockchain data for AI and DeFi applications, be a L2 network, designed for security. After seeing the true purpose then it hit me that it could be so useful.

 When I got to know that various CEXs would be listing their official token, I got excited, and with a new ATH being made by BTC just screams bullish for me. 

I wonder if it would be sustainable in the long run.

[MArsland]

If we look at the many L2 projects that have failed and abandoned due to not meeting the expectations of adopters and losing the trust of the community. Since they are basically launched based on hype alone, I also want to make sure that you are talking about this project https://chainbase.com/ which will TGE in the next few days? if true then one thing this project will definitely do is implement a staking feature in order to survive.  
Don't be FOMO and you should be able to monitor the activity first on the mainnet later, study carefully the roadmap and tokenomic, because this is quite important to measure the sustainability of a new project.

[TastyChillySauce00]

So many buzzwords right there, I'm sure if the average people are reading this they'd have no idea wtf is even the purpose of the project.

This is the problem with so many new projects, they used so many buzzwords that instead of making average people understand, they just blurred the real purpose of the project making people not interested.
Morever, I think there are already plenty of decentralized data infrastructure projects.

[btcnbegun]

AI and DEFI mix well.

The tokenisation is in both the protocols. A token is a currency for AI modelling.

[Virtualsnipe13]

If we look at the many L2 projects that have failed and abandoned due to not meeting the expectations of adopters and losing the trust of the community. Since they are basically launched based on hype alone, I also want to make sure that you are talking about this project https://chainbase.com/ which will TGE in the next few days? if true then one thing this project will definitely do is implement a staking feature in order to survive. 
Don't be FOMO and you should be able to monitor the activity first on the mainnet later, study carefully the roadmap and tokenomic, because this is quite important to measure the sustainability of a new project.

Not all projects are meant to survive in the long run. That's why, when you first learn about them, it's good to give it a try. After benefiting from it, you can move on to the next one. If you want to see it through to the end, you'll be very disappointed at what the project will turn out to be. TGE is soon. I wonder which exchange is best for me to deposit to. Do you mind sharing which one you'll be using?

[Olamidetechie]

So many buzzwords right there, I'm sure if the average people are reading this they'd have no idea wtf is even the purpose of the project.

This is the problem with so many new projects, they used so many buzzwords that instead of making average people understand, they just blurred the real purpose of the project making people not interested.
Morever, I think there are already plenty of decentralized data infrastructure projects.

You are right. I've been trying to understand the full details to the extent that I've read it twice, but I still don't get it. What I can say is that since it's a DeFi project, it should be solid. Although I'm seeing it for the second time, and the first time I saw it on X, it was getting listed soon on Bitget. I'll try to check if its whitepaper is available because nobody knows what project will boost someone's portfolio.

[Webetcoins]

So many buzzwords right there, I'm sure if the average people are reading this they'd have no idea wtf is even the purpose of the project.

This is the problem with so many new projects, they used so many buzzwords that instead of making average people understand, they just blurred the real purpose of the project making people not interested.
Morever, I think there are already plenty of decentralized data infrastructure projects.

I think that would only be the AI. AI is so hyped right now, so I'm sure the public already knows what it is. Apart from the AI, the main purpose of the project is also stated there.

The only thing is that it may sound like it wasn't really fresh but maybe they still have something that is not present on the other. That would be their edge to scale.

For us, we can think that this is a problem but for them, it isn't. They only think that it can help them to be recognized easily. Some projects are so technical that an average person may have a difficulty of understanding them but maybe using a buzzword can help them about it, therefore it is not bad at all IMO.

[passwordnow]

I wonder if it would be sustainable in the long run.

AIs are also a trend just like many trends that we've got in the past. And so, with that means, many of those trends have been forgotten when they're up once during the bull run cycles. But after that, they're mostly forgotten already and that's why we'll see if these AI trends will last long. Whether it's with chainbase but as for that question about data, it might be helpful for some certain cases and uses. With DeFi? forget about it, I'll not put my money into any of them anymore.

[Josefjix]

If we look at the many L2 projects that have failed and abandoned due to not meeting the expectations of adopters and losing the trust of the community. Since they are basically launched based on hype alone, I also want to make sure that you are talking about this project https://chainbase.com/ which will TGE in the next few days? if true then one thing this project will definitely do is implement a staking feature in order to survive. 
Don't be FOMO and you should be able to monitor the activity first on the mainnet later, study carefully the roadmap and tokenomic, because this is quite important to measure the sustainability of a new project.

Not all projects are meant to survive in the long run. That's why, when you first learn about them, it's good to give it a try. After benefiting from it, you can move on to the next one. If you want to see it through to the end, you'll be very disappointed at what the project will turn out to be. TGE is soon. I wonder which exchange is best for me to deposit to. Do you mind sharing which one you'll be using?

Wait, how do you get the token, do you participate in the early presale or through airdrop?
Anyway, what exchange have the team announced to be listed on, go to any of those exchange first and conduct a KYC completion on that exchange to avoid been restricted of no depositing your coin, why saying this is because, the earlier the deposit to sell off, the earlier the better. Price will decrease heavily after listing and if your coin is not ready you'll definitely regret selling it late.

[MArsland]

TGE is soon. I wonder which exchange is best for me to deposit to. Do you mind sharing which one you'll be using?

As I mentioned yesterday regarding the project you discussed, Chainbase how are the results of the TGE? Pretty bad, right? I'm not even sure you'll receive an allocation of more than $C 300, as complaints from all social media outlets discussing Chainbase suggest a bearish trend, especially after announcing a larger allocation for Binance Alpha users than for the community.

And yes they offer a staking feature, right?